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Quantifying Creative Destruction Entrepreneurship and Productivity in New Zealand

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Author Info
John McMillan () (Stanford University)
Abstract

This paper (a) provides a framework for quantifying any economy's flexibility, and (b) reviews the evidence on New Zealand firms' birth, growth and death. The data indicate that, by and large, the labour market and the financial market are doing their job.

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File URL: http://motu-www.motu.org.nz/wpapers/04_07.pdf
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Publisher Info
Paper provided by Motu Economic and Public Policy Research in its series Working Papers with number 04_07.

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Length: 30 pages
Date of creation: Oct 2004
Date of revision:
Handle: RePEc:mtu:wpaper:04_07

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Web page: http://www.motu.org.nz
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Find related papers by JEL classification:
D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
O56 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Oceania

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This page was last updated on 2009-11-26.

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